Illinois Administrative Code
Title 35 - ENVIRONMENTAL PROTECTION
Part 663 - PROCEDURES FOR ISSUING LOANS FROM THE PUBLIC WATER SUPPLY LOAN PROGRAM TO PROVIDE FUNDING FOR LEAD SERVICE LINE REPLACEMENT
Subpart F - REQUIREMENTS APPLICABLE TO SUBAGREEMENTS
Section 663.670 - Covenant Against Contingent Fees

Current through Register Vol. 48, No. 38, September 20, 2024

The loan recipient shall warrant that no person or agency has been employed or retained to solicit or secure a PWSLP loan upon an agreement or understanding for a commission, percentage, brokerage, or contingent fee. For breach or violation of this warranty, the Agency shall have the right to annul the loan in accordance with Section 663.520 or to deduct from the loan, or otherwise recover, the full amount of the commission, percentage, brokerage, or contingent fee.

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